801 US RT 1, Yorke Woods #K-3KitteryME03904
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kittery at 801 US RT 1, Yorke Woods #K-3, Kittery, ME, 03904 generates $2,760/mo in rent and, after a $1,737/mo payment, leaves $520/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $6,243/yr on $117,649 invested. Return on cash invested sits at 25.22% in year one, and rental yield is 9.33% on a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 131.49% and total cumulative return in cash sums $154,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in 1985
24.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,413 (100%) |
| Owner Occupied HU | 2,410 (54.6%) |
| Renter Occupied HU | 1,466 (33.2%) |
| Vacant Housing Units | 537 (12.2%) |
| Median Home Value | $553,355 |
| Average Home Value | $593,606 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,639
Multi-Family
383
Businesses
437
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